Press Release: I Know First Selected As Emerging Fintech Firm in Israel
Press Release
Press release: Tel Aviv, Israel, October 31, 2016– FinTech company “I Know First” was featured on Investopedia as 6 Fintech Firms Emerging in Israel.
I Know First, Ltd. is a financial technology company that provides daily investment forecasts based on an advanced, adaptable, self-learning algorithm. The company’s algorithm predicts over 3,000 securities (and growing) with capabilities to discover patterns in large sets of historical stock market data.
Among the tech hubs in the world, Israel with a population of approx. 8 million and land area roughly the size of the state of New Jersey, USA has 14 multinational research and development (R&D) Centers. Of the the 430 Fintech companies in the country, Investopedia chose I Know First among 6 notable start-ups emerging in its article written on August 14, 2016. The article focuses I Know First’s ability to utilize self-learning algorithm. The underlying technology of the algorithm is based on artificial intelligence, machine learning, and incorporates elements of artificial neural networks and genetic algorithms through which we analyze, model, and predict the stock market. The algorithm generates daily market predictions for stocks, commodities, ETF’s, interest rates, currencies, and world indices for the short, medium and long term time horizons.
In addition to Investopedia, the Globes also featured I Know First earlier this year of March 8, 2016. As the algorithm continues to provide institutional and private investors with a viable tool, I Know First announced its expansion to 12 countries and its ambition to launch a hedge fund in the US, Brazil, and with a financial agency in Israel. As the self-learning algorithm continues to acquire new market data to advise algotraders with years of data research and pattern trend, the future sees algorithmic trading to one day become the dominant trade in the market.
To provide an example of the aglorithm’s performance relative to the S&P 500 index fund’s performance, below is the latest overall return since the start of the year.
For more information, visit I Know First.
CONTACT:
Ido Brana
I Know First
Phone Number: 972-54-4979706
Email Address: [email protected]
